China stocks jump after rate cut as markets await US tech earnings
Hong Kong (AFP) Feb 21, 2024
Hong Kong and Shanghai stocks jumped Wednesday after Beijing's latest measures to boost the stuttering economy, but declines on Wall Street weighed on other Asian markets. China's central bank rate-cut on Tuesday is among measures intended to rally dwindling growth as the world's second-largest economy battles a prolonged property-sector crisis and a global slowdown. The People's Bank of